Howard Schultz

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Howard Schultz
Howard Schultz by Gage Skidmore.jpg
Schultz in 2019
Born
Howard D. Schultz

(1953-07-19) July 19, 1953 (age 65)
Alma materNorthern Michigan University
OccupationFormer Chairman and CEO of Starbucks
SalaryUS$ 21,775,001[1]
Net worthIncrease US$2.9 billion (Sept 2015)[2]
Spouse(s)Sheri Kersch Schultz (m. 1982)
ChildrenEliahu Jordan Schultz
Addison Schultz
WebsiteStarbucks

Howard D. Schultz (born July 19, 1953) is an American businessman. He is best known as the former chairman and CEO[3] of Starbucks and a former owner of the Seattle SuperSonics. He was a member of the Board of Directors at Square, Inc..[4]

In 1998, Schultz co-founded Maveron, an investment group, with Dan Levitan.[5] In 2012, Forbes magazine ranked Schultz as the 354th richest person in the United States, with a net worth of $1.5 billion.[6]

On June 4, 2018, Schultz announced his retirement as executive chairman. He also announced that he is thinking of running for President of the United States.[7] In January 2019, it was reported that Schultz was considering running as an independent candidate in the election.[8] Schultz announced on January 27, 2019 that he would explore a bid as an independent candidate.[9]

References[change | change source]

  1. "Starbucks CEO Schultz's pay rose 45 percent in 2010". Seattle Times.
  2. Forbes: The World's Billionaires - Howard Schultz September 2015
  3. Franchisebusiness.com. URL last accessed August 16, 2007.
  4. Efrati, Amir (August 8, 2012). "Starbucks Invests in Square". The Wall Street Journal.
  5. Arnold, Glen (2008). Corporate financial management. Pearson Education. p. 496. ISBN 978-0-273-71041-7.
  6. "The 400 Richest Americans". Forbes.com. Retrieved 2011-08-22.
  7. "Howard Schultz to Step Down as Starbucks Executive Chairman". 4 June 2018. Retrieved 4 June 2018 – via NYTimes.com.
  8. "Former Starbucks chief Howard Schultz exploring independent 2020 bid". Retrieved 22 January 2019.
  9. Emily Birnbaum (January 27, 2019). "Howard Schultz makes Twitter debut amid 2020 speculation". The Hill. Retrieved January 27, 2019.